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Regulate Operating Systems as a Natural
Monopoly
In MCI Communications Corp. v. American Telephone and
Telegraph, the federal courts ruled that local telephone networks
constituted an "essential facility" to which competitors
must be allowed access even if no anti-competitive practices were
involved in acquiring the facility. In the AT&T case, the
government recognized that telecommunications networks constituted a
natural monopoly and decided to grant an official monoply on the
operation of such networks, introducing extensive regulation on the
business practices allowed to telecommunications companies operating
as common carriers.
The government could take similar action in the Microsoft case,
identifying personal-computer operating systems as an essential
facility for developing application software and regulating access to
that facility (e.g. access to the code base, knowledge of upcoming OS
enhancements). The fact that operating systems, like
telecommunications networks, can be considered a natural monopoly is an
argument in favor of government regulation of the OS market. Regulation
is a frequently adopted policy in the case of natural monopolies. Public
utilities such as electric power are one example of this.
This option would have the advantage of severely reducing the ability
of Microsoft to gain an unfair advantage in software application markets
simply because of its control of the operating system market. As the
AT&T case proves, breaking up a large, successful company and
regulating one part of its operations as a natural monopoly does not
necessarily operate as a grave impediment to continued innovation in that
field.
This option is not without its disadvantages, however. For one thing,
valuable synergies between the operating system and applications that are
possible because of Microsoft's vertical integration would be eliminated.
Furthermore, the rapidly changing nature of the personal computer market
means that the division between operating systems and applications, which,
as the Microsoft case illustrates, is already blurred, is likely to become
even more unclear in the future. Effective regulation of such a
complicated and evolving industry by a technologically incompetent
government is unlikely to produce results which are beneficial to
consumers in the long run.
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